739 S 2nd Ave - Hospitality FOR SALE


Galloway, NJ 08205
$1,699,000 USD
609-705-9143
739 S 2nd Ave, Galloway, NJ for Sale
$1,699,000 USD
Hospitality - FOR SALE
1/15
null | 15% Cap Rate

739 S 2nd Ave
Galloway, NJ 08205


OVERVIEW

Units: 24 Building Size: ~17,000 SF Lot Size: 1.05 Acres Zoning: Commercial Hospitality Use (verify with township) Property Overview: Stabilized, income-producing motel minutes from Atlantic City. This 24-unit site includes a 15-unit main building (built 2010, renovated 2021), a 9-unit annex, manager’s quarters, and a detached two-car garage. Features: • Modern layout, high-speed internet, public Wi-Fi • Exterior corridor design • Billboard sign has potential for added revenue Investment Highlights: • Consistent income stream with repositioning upside • Ideal for owner-operators or passive investors • Strategically located off White Horse Pike

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$100 USD /SF

# OF ROOMS

24

PRICE/ROOM

$70,792 {currency}

CAP RATE

15%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Relax Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1920

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

CH

APN/PARCEL ID

11-00877-0000-00001-01

ASK ABOUT THIS PROPERTY

Robert SalvatoAcAuctionsMore Info
609-705-9143

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Robert SalvatoAcAuctionsMore Info
609-705-9143

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.